Ordo has developed an app called Ordable that allows customers to easily browse, order and pay for food and drink at restaurants on their smartphones.

Enterprise education manager at the University of Bath, Siobain Hone, said: “The number of young people going on to set up their own businesses straight from our SETsquared partner universities is increasing year on year and it’s refreshing to see so many young people from the University of Bath being fearless and taking the leap. “While the entrepreneurialism route is often perceived as a risky one, there is more help out there now for budding entrepreneurs than ever.

“With the right support, mentoring and access to funding there is no reason that students and graduates can’t develop their start-ups into national and international businesses.”

The awards at St Mary's Stadium in Southampton celebrated SETsquared's top undergraduate and graduate entrepreneurs from its centres at the universities of Bath, Bristol, Surrey, Southampton and Exeter.

As part of the event all winning businesses were in the running to win the Grant Thornton Entrepreneurial Excellence Award. This money-can't-buy trip to the US was awarded to TrueInvivo from the University of Surrey, who has developed an innovative method of measuring radiation dosage and spread in cancer patients undergoing radiotherapy.